Indian Agriculture Industry Analysis
At 157.35 million hectares, India holds the second largest agricultural land globally. All the 15 major climates are found in India and the country also possess 45 of the 60 soil types in the world. India is the largest producer of pulses, milk, tea, cashew and jute, and the second largest producer of wheat, rice, […]
Indian Innovation and Patent Industry Analysis
India stood sixth in terms of the most ‘innovative’ country in General Electric’s Annual Global Innovation Barometer in January 2013. It was the eight-largest country in terms of research and development (R&D) investments in 2013, accounting for 2.7 per cent of global R&D expenditure and which is expected to increase to US$ 44 million by […]
Indian IT and ITes Industry Analysis
India is the world’s largest sourcing destination, accounting for approximately 52 per cent of the US$ 124-130 billion market. The country’s cost competitiveness in providing IT services, which is approximately 3-4 times cheaper than the US continues to be its unique selling proposition (USP) in the global sourcing market. The IT-business process management (BPM) […]
Indian Consumer Durables and FMCG Industry Analysis
The overall fast moving consumer goods (FMCG) market is expected to increase at a compound annual growth rate (CAGR) of 14.7 per cent to touch US$ 110.4 billion in the period 2012-2020, with the rural FMCG market anticipated to increase at a CAGR of 17.7 per cent to US$ 100 billion during 2012-2025. The […]
Chairman Elect
We are delighted to inform you that the General Council of the NICCT in its regular annual meeting held on the 3rd of October, 2014, have unanimously elected Mr. Vipin Moharir, the Managing Director of NINtec BV, as the Chairman Elect of the NICCT. He will become the new Chairman after the General Council Meeting […]